Podcast: BHPH dealer Oak Motors’ applications up 30%, approvals fall
Buy here, pay here dealership Oak Motors is slowing approval of credit applications as long-term affordability concerns persists and despite increased ...
Tag: auto lending
TD Auto originations jump as focus shifts to used cars
Banks grew their market share of used- and new-vehicle financing in the second quarter as credit unions and captives saw ...
Podcast: Proposed CFPB rule change teases win for nonbank lenders
Nonbank auto lenders may soon have a reason to celebrate, following a proposed rule change by the Consumer Financial Protection ...
5 questions with … Reggie Branch, Arvest Bank senior director of indirect lending
Reggie Branch, senior director of indirect lending at Arvest Bank, is striving to lead his team with kind, transparent and ...
CFPB keen on creating new auto lending data set
The Consumer Financial Protection Bureau (CFPB) is looking to build a new auto lending data set to allow for “a ...
How value-based pricing is driving innovation in lending systems
Value-based pricing drives product innovation while also saving many lenders a bundle in fees. So why has the auto lending ...
July Beige Book: Tightened inventory to deter sales growth
A squeeze in vehicle inventories could affect budding car sales across the U.S. following pandemic-spurred shutdowns, the Federal Reserve System ...
Fintech Upstart to offer AI-powered auto lending
Upstart, a lending platform that specializes in personal loans, plans to launch an auto lending platform powered by artificial intelligence ...
